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Compensation & Benefits

Never mind a recession: CFOs say they’re budgeting for higher payrolls

Almost all chief financial officers surveyed by the Gartner business advisory firm say their organizations plan to spend more on employee compensation this year. A full 86% said they plan to raise their compensation spending by at least 3% year-over-year.

Administration floats alternative to opting out of ACA birth control mandate

The Biden administration wants to roll back a Trump-era rule that allows some employers to opt out of an Affordable Care Act requirement that says employer-provided health insurance must cover contraceptives at no charge to employees.

With COVID emergencies set to expire, prepare for health insurance effects

The Biden administration has announced that, after more than three years, both the COVID-19 national emergency and the COVID public health emergency will finally expire on May 11. That has implications for terminated employees’ access to COBRA continuation health insurance coverage. It also affects how private insurance plans, such as those sponsored by employers, may cover COVID-related expenses.

DOL never forgets: Slaps millions in penalties on repeat wage offender

A commercial painting contractor in Las Vegas must have thought federal investigators would forget about his history of stiffing employees. He was wrong.

First Friday in February: The end of the pandemic emergencies, DOL keeps getting into trouble and more

The end of the national pandemic emergency, challenges to DOL regulations and more.

Survey: More employers taking action on pay equity

WorldatWork’s latest Pay Equity Study found that 70% of organizations were taking action on pay equity in 2022, a 10% increase since 2019 and a 4% increase over 2021.

State-based retirement plan mandates grow

By the end of 2023, 15 states will have begun requiring employers that don’t offer retirement benefits to automatically register employees for state-based 401(k) or individual retirement accounts.

Consider coverage issues when employees must travel to receive abortion care

If your organization operates in a state with a full or partial ban on abortion, it’s likely one or more of your employees seeking an abortion will have to travel out of state to receive care. Here is how to manage some of the complications employers face in the post-Dobbs era.

Weigh HR effect of declining birth rate

Here’s a trend that could affect when, how and how many employees participate in your benefits program. Millennials—currently between 26 and 41 years old—are waiting longer and longer to have children.

Offer benefits that pay down student debt

Helping new hires pay off their student loans might be the recruiting advantage that makes you an employer of choice.